How many years is your car hp installment?

[anxious]

Revisiting this poll, I realise that 44.07% of those who responded have taken a loan of 5 years and below. Another 27.12% had no loan. Thats a total of 71.19%.

That shows that a majority of people opt for the 5 year loan or less. Despite the 7 year and 9 year loans being very tempting.

I guess many owners of the 2004 E46 325i will be hitting the market in 2009 as the complete their 5 year loan.

I'll be keeping an eye out.

 

[astroboy]

Actually only new cars get high repayment tenor while very old cars cannot get financing, so must buy CASH! So depending on who responded your poll, if they are owners of used bimmer, then statistic will sway towards

 

[David Yong]

Actually only new cars get high repayment tenor while very old cars cannot get financing, so must buy CASH! So depending on who responded your poll, if they are owners of used bimmer, then statistic will sway towards

 

[desmond1001]

for ppl buying used bimmer,either interest rate is too high,max tenure is short or the purchase price isn't a big amt so we see fair no. of respondents ended up cash purchase.as bmw's promotion revolve ard 7 yrs tenure,i m sure more buyers of brand new bimmers will take 7 yrs loan

 

[paultantk]

I got my 1997 E39 520i a year ago at 3.75% for a 80% loan, 4 years.

 

[funfer_fahrer]

I got my 1997 E39 520i a year ago at 3.75% for a 80% loan, 4 years.

The interest rate is very cheap for a 1997 model.:top:

 

[paultantk]

The interest rate is very cheap for a 1997 model.:top:

I was surprised as well, it's from Public Bank.

 

[infinityKL]

97 E36 328i - Bought in 2004 - 6% - 80% loan - 5 years - RHB